A client just paid $40,500 for a diamond necklace. If the percent markup based on cost is 115%, what was the cost?
A) $17,635.71
B) $18,837.21
C) $37,237.76
D) $35,217.39
B
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Indicate whether the statement is true or false
________ is a measure of the percentage of people in the target market who are exposed to the media vehicle at least once during a given time period
A) Reach B) Frequency C) Impression D) Exposure E) Gross rating
Dingo Boot Company uses the direct method to prepare its statement of cash flows. The company had the following cash flows during 2014: Cash receipts from the issuance of common stock ......... $400,000 Cash receipts from customers ............................ 200,000 Cash receipts from dividends on long-term investments ... 30,000 Cash receipts from repayment of loan made to another company
............................................... 220,000 Cash payments for wages and other operating expenses .... 120,000 Cash payments for insurance ............................. 10,000 Cash payments for dividends ............................. 20,000 Cash payments for taxes ................................. 40,000 Cash payment to purchase land ........................... 80,000 See information regarding Dingo Boot Company above. The net cash provided by (used in) operating activities is a. $60,000. b. $40,000. c. $30,000. d. $(20,000).
Average cost per transaction is needed to determine ________
A) future sales growth rates B) current sales rates C) payroll rates D) the monthly fixed costs E) the break-even point